According to the circular-flow diagram, which of the following economic agents engage in consumer spending?
A) firms
B) households
C) factor markets
D) financial markets
Correct Answer:
Verified
Q2: In the circular-flow diagram, firms:
A) demand goods.
B)
Q3: The national income and product accounts keep
Q6: The circular-flow diagram illustrates all of the
Q6: In the product markets:
A) households supply goods
Q7: In the factor markets:
A) households supply goods
Q8: In the circular-flow diagram, households:
A) supply goods.
B)
Q9: In the circular-flow diagram, an organization that
Q10: In the circular-flow diagram, the places where
Q18: The circular-flow diagram is important because it
Q19: In the circular-flow diagram, firms:
A) supply goods
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